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Estimated maximum revenue declaration form 2026

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The QBCC Declaration Form is a document required for individuals or companies applying for or updating specific contractor licenses in Queensland, Australia. It outlines the necessary steps for completion, including personal and company details, application specifics, and professional indemnity insurance requirements. The form also includes a declaration statement regarding the accuracy of the information provided and specifies fees based on estimated maximum revenue. Compliance with the Queensland Building and Construction Commission Act 1991 is emphasized.

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Click ‘Get Form’ to open the estimated maximum revenue declaration form in the editor.
Begin by filling out the 'Personal Details' section. Enter your surname and first names clearly in block letters.
If you are applying for a company licence, complete the 'Company Name' section with your company name and ACN.
In the 'Application Details' section, list any classes of licence you are applying for, such as Builder Project Management Services or Design class.
For 'Professional Indemnity Insurance', tick the appropriate box indicating whether you have provided details or attached a certificate of currency.
In the 'Estimated Maximum Revenue' section, select one option that reflects your expected revenue for the next financial year.
Complete the 'Declaration' by signing and dating it. Ensure it is not dated more than one month prior to submission.

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Versions	Form popularity	Fillable & printable
2020	4.8 Satisfied (42 Votes)
2015	4.4 Satisfied (51 Votes)

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How is QBCC maximum revenue calculated?

Your QBCC Maximum Revenue is determined based on your Net Tangible Assets (NTA). The NTA is calculated by subtracting liabilities and disallowed assets from your total assets. Each QBCC financial category has specific NTA and Maximum Revenue requirements.

How is revenue calculated in construction?

Net Tangible Assets (NTA) is the value of all physical (tangible) assets minus all liabilities in a business. In other words, NTA is the total assets of a company minus intangible assets and total liabilities.

How to increase maximum revenue in QBCC?

To find the unit price that will yield a maximum monthly revenue, we need to find the vertex of the parabolic function represented by the revenue equation. The vertex of a parabola in the form y = ax^2 + bx + c is given by the x-coordinate -b/2a.

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What is the formula for maximum revenue?

Your maximum revenue amount can only be updated by making an application to the QBCC and providing the required financial documentation (which usually consists of an MFR Report and signed financial statements).

Estimated maximum revenue declaration form 2026

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